Staking

The staking app is now live on mainnet!

Contract-less Staking

Conception

Our native staking app was initially conceived in early January 2022, shortly after the TinyMan exploit. The code for automated sends was created later that week. Developing this app has been a journey, to say the least. Our small development team decided that this would be a good way to break the ground moving into application development on the Algorand blockchain and to give our ecosystem its first "hands-on learning" tool. We have learned a lot in these last two months, familiarizing ourselves with the AlgoSDK, JavaScript, React, API creation, and hosting application solutions. We look forward to developing more tools!

How to Stake

Navigate to our app.

Connect wallet in the upper right corner (supports myalgo and pera).

Filter results in the search field or navigate to the token you would like to stake.

Click "Stake".

You will see an estimate for the amount of tokens you should receive daily.

That's it! You will receive rewards automatically, daily if you hold above the minimum daily reward threshold. If you hold under the minimum daily reward threshold, you will still receive rewards, it just takes time for them to accumulate.

How it Works

Our native staking app logs your address and the asset ID that you opt in to staking for and you will automatically receive tokens based on your holdings at a set APR.

We have a minimum rewards threshold for distributing the tokens daily, but if you are under the threshold, you will still receive rewards, they will just be delayed.

The current minimum rewards threshold is 10,000 MoonX.

All staking is currently automatic, but we will incorporate the ability to manually claim rewards to accommodate future partners.

Known bugs/issues

User must refresh the page to display accurate holdings and rewards. Working on a fix.

ASA/NFT Creators

If you would like to have your token distributed through our application, please contact us at devteam@moonx-asa.com. We have a few different tiers available for pricing, pricing depends on how you would like to have your token distributed.

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